http://finance.yahoo.com/news/streamtrack-reports-
Post# of 17650
Posted On: 12/21/2014 10:56:00 AM
http://finance.yahoo.com/news/streamtrack-rep...ZJUDI4NF8x
• Over 470 million songs played as of 8/31/2014 since Radioloyalty’s commercial launch in May 2011.
• Over 7.3 million song "likes" shared through social media as of 8/31/2014.
• Progression of development work associated with the launch of StreamTrack: an artist-based broadcasting platform, Robot Fruit, Scratch.fm and WatchThis!
Michael Hill, Chief Executive Officer of StreamTrack, stated, "Excluding the previous lead generation revenue based income in 2013, we saw roughly an 80% year over year growth related to RadioLoyalty revenue as a standalone. The RadioLoyalty advertising model has a far more attractive gross profit margin as displayed in today’s 2014 report then other media channels. As previously mentioned, we look to replicate this same model across multiple verticals and further expand our global advertising reach."
• Over 470 million songs played as of 8/31/2014 since Radioloyalty’s commercial launch in May 2011.
• Over 7.3 million song "likes" shared through social media as of 8/31/2014.
• Progression of development work associated with the launch of StreamTrack: an artist-based broadcasting platform, Robot Fruit, Scratch.fm and WatchThis!
Michael Hill, Chief Executive Officer of StreamTrack, stated, "Excluding the previous lead generation revenue based income in 2013, we saw roughly an 80% year over year growth related to RadioLoyalty revenue as a standalone. The RadioLoyalty advertising model has a far more attractive gross profit margin as displayed in today’s 2014 report then other media channels. As previously mentioned, we look to replicate this same model across multiple verticals and further expand our global advertising reach."
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